Daily: After briefly touching the resistance at 149.7, the pair faced strong selling pressure and formed a strong on 21/9, Friday, the last trading day of the week. This indicates that the resistance at 149.7 is significant and the pair would likely face a certain amount of resistance at this range. Following that, the pair has continue to trade within the range of the with the price movement relatively contained, consolidating as it wait for more impetus. The pair has also subsequently found support at 147.6 level as it bounce between levels.
Things to look out for: A downside break of the range would expose the pair to downside target at 145.5. Alternatively an upside break of 149 would expose the pair to upside target at 149.7 & 151.7.